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Recover Your Losses from Ostin Technology Group

Ostin Technology Group (OST) was the centre of a massive $950 million ‘pump-and-dump’ scheme that collapsed in June 2025, leading to FBI investigations and the indictment of its co-CEO for securities fraud. If you transferred funds from a UK bank account, a refund claim may be possible — even if your bank has already refused.

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Why Choose Compensation Adviser?

Our specialist team understands the complex mechanics of global investment frauds like the Ostin Technology Group pump-and-dump scheme. We leverage UK banking regulations and Authorised Push Payment (APP) fraud protections to hold financial institutions accountable for failing to protect their customers from sophisticated scams.

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We operate on a strict no-win, no-fee basis. You’ll only pay our 15%+VAT success fee if your claim is successful. Cancellation fees may apply (see full fee details below).

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We will review your transaction history to identify potential regulatory breaches by your bank.

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What Was Ostin Technology Group (OST)?

Ostin Technology Group Co. Ltd. (OST) is a Cayman Islands-registered company with principal operations in China, claiming to manufacture display modules for consumer electronics. It was publicly traded on the NASDAQ stock exchange. However, between April and June 2025, the company became the vehicle for a sophisticated, global “pump-and-dump” securities fraud scheme that targeted retail investors worldwide, including many in the UK.

How the Ostin Technology Scheme Worked

The fraud was orchestrated through a highly coordinated campaign designed to artificially inflate (pump) the price of OST shares before the perpetrators sold off (dumped) their heavily discounted holdings.

Social Media Manipulation: Fraudsters used Facebook, Instagram, WhatsApp, and Telegram to create fake investment groups. They deployed AI-generated deepfake videos of prominent financial figures to lend credibility to their recommendations.
Impersonation of Professionals: Criminals posed as experienced brokers and financial advisors, building trust with victims and encouraging them to open accounts with legitimate trading platforms like Hargreaves Lansdown or Robinhood.
The ‘Pump’: Inside private messaging groups, investors were given strict daily buying instructions and promised returns of up to 15-25% weekly. This coordinated buying artificially inflated the OST share price by over 1,075% in a matter of weeks, reaching a high of $9.40.
The ‘Dump’ and Collapse: On 26 June 2025, the orchestrators simultaneously dumped their shares. The stock price crashed by 94% in a single day, wiping out over $950 million in market capitalisation and leaving retail investors with virtually worthless shares.

In September 2025, the US Department of Justice (DOJ) indicted the co-CEO of Ostin Technology, Lai Kui Sen, and a financial advisor, Yan Zhao, for orchestrating the $110 million fraud. The FBI is currently seeking information from victims globally.

Signs You May Have Been Misled

The Ostin Technology scam used highly sophisticated psychological tactics. You may have grounds for a claim if you experienced any of the following:

You were contacted via social media ads featuring celebrity endorsements or deepfake videos.

You were added to WhatsApp or Telegram 'VIP trading groups' where 'fellow investors' shared screenshots of massive profits.

You were instructed exactly when to buy OST shares and told to hold them regardless of market conditions.

The 'advisors' claimed to have insider knowledge of upcoming strategic partnerships or announcements.

You were pressured to invest larger amounts for 'one last push' just before the share price collapsed.

Your bank allowed you to transfer unusually large sums to new brokerage accounts without conducting adequate safeguarding checks.

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Scam Scenarios: What to Do If You Lost Money to Ostin Technology

1. Cease All Communication

Do not engage further with the individuals or groups who recommended the investment. Do not pay any 'recovery fees' or 'taxes' they may demand to release your funds.

2. Secure Your Accounts

Change passwords for your banking and trading accounts. Contact your bank immediately to inform them that you have been the victim of fraud.

3. Gather Your Evidence

Screenshot all WhatsApp/Telegram conversations, save emails, and download bank statements showing the transfers to your trading accounts.

4. Report the Fraud

Report the incident to Action Fraud in the UK and complete the FBI's victim questionnaire regarding the OST pump-and-dump investigation.

5. Raise a Formal Complaint

Submit a formal complaint to the UK bank from which the funds were originally transferred, citing their failure to prevent Authorised Push Payment (APP) fraud.

6. Seek Professional Assistance

If your bank rejects your claim, contact Compensation Adviser. We can escalate your case to the Financial Ombudsman Service (FOS).

Can I Recover Money Lost to Ostin Technology Group?

Yes, recovery is possible for UK victims. Even though the fraud involved a US-listed stock and international perpetrators, the crucial factor is how your funds were transferred. If you moved money from a UK bank account to a trading platform (like Hargreaves Lansdown or Robinhood) under the deceptive influence of scammers, this falls under the definition of Authorised Push Payment (APP) fraud.

Under UK banking regulations and the Contingent Reimbursement Model (CRM) Code, banks have a strict duty of care to protect their customers from fraud. If your bank failed to identify uncharacteristic transaction patterns, failed to issue adequate scam warnings, or allowed you to transfer life savings without intervention, they may be held liable for your losses.

Why Choose Compensation Adviser for Your Ostin Technology Claim?

Specialist Knowledge: We understand the specific mechanics of the OST pump-and-dump scheme and how to present this complex fraud to UK banks and the Financial Ombudsman Service.
Regulatory Expertise: We are well-versed in the FCA’s banking regulations and the CRM Code, ensuring your bank is held to the correct legal standard.
Stress-Free Process: Dealing with banks after a significant financial loss is exhausting. We handle all communication, appeals, and FOS escalations on your behalf.
No-Win, No-Fee: Our transparent fee structure means you face no financial risk in pursuing your claim. We are only paid if we successfully recover your funds.

Frequently Asked Questions

What was the Ostin Technology Group (OST) scam?

It was a massive ‘pump-and-dump’ securities fraud scheme. Criminals used deepfake videos and fake social media groups to trick retail investors into buying shares in a NASDAQ-listed company, Ostin Technology Group (OST). After artificially inflating the price by over 1,000%, the orchestrators dumped their shares in June 2025, causing the price to crash by 94% and leaving victims with huge losses.

Can I claim a refund if I used a legitimate broker like Hargreaves Lansdown?

Yes. The fact that you used a legitimate broker does not invalidate your claim. The core of the claim is against the UK bank from which you transferred the funds to fund your broker account. If the bank failed in its duty to protect you from Authorised Push Payment (APP) fraud by not questioning unusual transfers, they may be liable to reimburse you.

My bank has already refused to refund me. Is it too late?

No, it is not too late. Banks frequently reject initial fraud claims. We can review their decision and, if we believe they have acted unfairly or breached regulations, we can escalate your complaint to the Financial Ombudsman Service (FOS) for an independent, binding decision.

How long do I have to make a claim?

Generally, you have up to six years from the date of the fraudulent transactions to bring a claim against your bank. However, we strongly advise starting the process as soon as possible while the evidence and details are fresh.

What are your fees?

We operate on a no-win, no-fee basis. If your claim is successful, we charge a fee of 15% + VAT of the total compensation awarded. If we do not recover any money for you, there is no fee to pay.

What evidence do I need to start a claim?

Useful evidence includes bank statements showing the transfers, screenshots of the WhatsApp or Telegram groups where you received trading instructions, any communications with the fake ‘advisors’, and proof of your trading account showing the OST share purchases and subsequent losses.

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